Top 50 defaulters of PSBs had exposure of Rs 1.21 lakh cr
The number of wilful defaulters of PSBs rose from 5,554 to 7,686 in three years to December 2015 while the amount involved more than doubled to Rs 66,190 crore from Rs 27,749 crore.
May 04, 2016, 11:08 AM IST
Negotiate with Mallya on dues, cut losses: Assocham to banks
With banks having rejected Rs 4,000 crore offer made by 'wilful defaulter' Vijay Mallya to settle dues of over Rs 9,000 crore, industry body Assocham has asked them to be open to negotiations and cut losses.
Apr 10, 2016, 13:33 PM IST
Government to make wilful default a criminal offence
In order to tackle the crisis on bad loans, the Centre is contemplating a revamp on loan defaulters.
Mar 17, 2016, 10:46 AM IST
Kingfisher Airlines valuation under scanner; SFIO probes discrepancy
The agency had also sent a notice to Grant Thornton seeking clarification on valuation.
Mar 16, 2016, 15:10 PM IST
DNA: Bank defaulter businessman Vijay Mallya's arrogance
Watch this special segment and get to know the arrogance of the wilful defaulter 'Vijay Mallya' to a media person.
to know more watch this full video here.
DNA: Analysis of 'willful defaulter' Vijay Mallya
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Mar 10, 2016, 08:06 AM IST
Double whammy for Vijay Mallya: ED files case, DRT blocks $75 million in Diageo deal
It is feared that Mallya might become a fugitive from law by shifting base to a country where it might be difficult to make him face the Indian laws, officials said.
Mar 07, 2016, 23:01 PM IST
After SBI and PNB, UBI to declare Vijay Mallya wilful defaulter?
After being declared as wilful defaulter by State Bank of India and Punjab National Bank, one more state-run lender United Bank of India Monday said it is continuing its efforts to declare liquor barron Vijay Mallya as wilful defaulter.
Mar 07, 2016, 21:41 PM IST
Wilful defaulter tag: HC refuses to hear Vijay Mallya's plea
The Delhi High Court Thursday refused to hear Vijay Mallya's plea against State Bank of India's decision to name him a "wilful defaulter" and said he can approach an appropriate forum.
Mar 03, 2016, 20:45 PM IST
Vijay Mallya defiant on 'defaulter' tag; says PNB not 'the only bank'
Known for his flamboyance and hosting lavish parties even when his companies have been declared defaulters by lenders, Mallya also said everybody has his own "perception" about his lifestyle and he would not comment on it.
Feb 18, 2016, 21:22 PM IST
PNB declares Vijay Mallya-led United Breweries Holdings 'wilful defaulter'
Vijay Mallya-led United Breweries Holdings Ltd on Tuesday said it has been declared a "Willful Defaulter" by Punjab National Bank (PNB) and the company is consulting lawyers to challenge the decision.
Feb 16, 2016, 13:42 PM IST
Not a wilful defaulter, Kingfisher Airlines tells UCO Bank
Kingfisher Airlines has objected to being identified as a 'wilful defaulter' by state-run UCO Bank, which had sent a notice following non-repayment of a Rs 450 crore loan by the grounded carrier.
Dec 05, 2014, 22:08 PM IST
Sharp rise in bad loans; banks taking action: Govt
Jaitley said banks are taking a number of steps against willful defaulters.
Dec 05, 2014, 15:07 PM IST
United Bank of India identifies UB Holding as wilful defaulter
The bank has already declared Kingfisher Airlines and its four directors, including Mallya, as wilful defaulters.
Dec 02, 2014, 16:02 PM IST
Kingfisher seeks basis of wilful defaulter tag from UCO Bank
Now, the airline has communicated that it wanted to know the basis of why the `wilful defaulter' tag was being attached to the company.
Nov 09, 2014, 10:51 AM IST
UCO Bank identifies Kingfisher Airlines as 'wilful defaulter'
City-based UCO Bank on Monday said it has "identified" Vijay Mallya-owned Kingfisher Airlines (KFA) as a "wilful defaulter" and will be sending a notice to the defunct carrier.
Oct 27, 2014, 14:56 PM IST
Tweaking wilful defaulter definition to cover directors: Rajan
Governor Raghuram Rajan on Tuesday said the Reserve Bank is in the process of redefining the definition of "wilful defaulters" so as to bring the directors of defaulting companies under its ambit.
Sep 30, 2014, 16:33 PM IST
Calcutta HC stays UBI's wilful defaulter tag, says Kingfisher
Beleaguered carrier Kingfisher Airlines on Saturday said it has secured a stay from the Calcutta High Court on United Bank of India declaring the airline and its directors, including promoter Vijay Mallya, as wilful defaulters.
Sep 27, 2014, 18:38 PM IST
RBI right in declaring guarantor as wilful defaultor: Expert
Lenders can declare a loan guarantor as wilful defaulter when the primary borrower is declared so, said an advocate in the apex court.
Sep 10, 2014, 22:12 PM IST
Kingfisher Airlines contests wilful defaulter tag
Debt-ridden Kingfisher Airlines today contested UBI's decision to declare it as a wilful defaulter, saying that RBI guidelines in this regard do not apply to the company.
Sep 09, 2014, 23:13 PM IST
